Backup offers
$7,124 Closing Credit¹
#362993559, Gregg Lane, Listing Office: Coldwell Banker Bain
$650,000 List price
42280 NW Banks Rd Banks, OR 97106
$7,719
Closing credit¹
5 beds
2 full
2,582 sqft
1.1 acres
$252 / sqft
House
Property details
About 42280 NW Banks Rd
This unique property offers just over 1 acre of land with tremendous potential for future development. Whether you're looking to restore the existing home—originally built before 1915 and relocated from historic Wilkesboro around that time—or pursue new construction options, this is a rare opportunity to bring your vision to life. Zoned for flexibility, the land may lend itself to multi-unit development, duplexes, or a creative investment project (buyer to confirm with City of Banks). The property is already connected to public water and sewer and includes an irrigation well, making it even more attractive for a variety of uses. Enjoy an easy commute to Portland, Nike, and Intel, while still having the charm of a small-town setting. Just a very short distance to the Banks-Vernonia Linear Park Trailhead, you'll have quick access to miles of scenic walking, biking, and nature trails—perfect for outdoor enthusiasts.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,582 sqft
Lot size1.08 Acres
Year built1915
ParkingCarport, Driveway
MLS #490469305
Garage1 space
FireplacePellet Stove, Stove, Wood Burning
Virtual tour
Summary
- MLS Number: 490469305
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Welcome Home Realty
- Office Phone: (503) 679-9406
- Listing Agent: Susan Jurgensen, Elese Breazile
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$650,000
42280 NW Banks Rd
$7,719
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $163,090 | $2,889 |
| 2022 | $158,340 | $2,812 |
| 2021 | $153,740 | $2,812 |
| 2020 | $149,270 | $2,713 |
History based on county public records data.
Nearby schools
5
Banks Elementary School
Public District KG-5
0.7 mi
•42350 NW Trellis Way
5
North Plains Elementary School
Public District KG-6
5.3 mi
•32030 NW North Ave
3
Harvey Clarke Elementary School
Public District KG-4
6.5 mi
•2516 B St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $86,448. Typical income of Banks, OR residents is between $35k-100k annually. The most common type of family is married, with kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
9%
<35k
52%
35k-100k
37%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
26%
Single, No Kids
11%
Single, with Kids
30%
Married, No Kids
33%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
11%
12-17 yrs old
17%
18-34 yrs old
44%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Hunting
Pro Wrestling
NASCAR
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 42280 NW Banks Rd
This home is located at 42280 NW Banks Rd in Banks, OR and zip code 97106. This 2,582 square foot home, which was built in 1915, sits on a 1.08 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 18, 2025 and is currently priced at $650,000.
In March 2025 more than 0 listings in Banks, OR were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 1 were sold below. Between February and March 2025, Banks, OR real estate market has seen no change in the number of listings . Listings spent 62 days on the market in March 2025, and had a median list price of $576,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.